CNBC: Gary Marcus says OpenAI could become the 'WeWork of AI'
CNBC reported on Nov 6 that Gary Marcus, NYU Professor Emeritus, said OpenAI could become the 'WeWork of AI' during an appearance on 'Fast Money'; Yahoo also carried the report.
What happened
CNBC reported on Nov 6, 17:55 UTC that NYU Professor Emeritus Gary Marcus said OpenAI could become the 'WeWork of AI.' The report said Marcus joined the television program 'Fast Money' to discuss whether this marks the end of an era for the AI trade. Yahoo also carried the item, attributing the same remarks to Marcus. The coverage concerns OpenAI and the broader AI trade as cited by CNBC and Yahoo.
Stocks market context
As of Nov 6, 21:00 UTC, major desk instruments showed mixed moves. The SPY ETF was $735.29 and rose 0.31% from the prior close, while the QQQ ETF was $656.10 and rose 1.40% from the prior close. NVIDIA (NVDA) was $186.64 and rose 2.78% from the prior close; Apple was $342.37 and fell 0.52% from the prior close. Finnhub provided the pricing snapshots.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $735.29 | +0.31% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $656.10 | +1.40% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| NVIDIA | $186.64 | +2.78% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| Apple | $342.37 | -0.52% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| Microsoft | $530.61 | -0.99% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| Amazon | $259.30 | -0.35% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| Alphabet | $284.78 | +0.78% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| Meta Platforms | $610.15 | +0.84% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| Tesla | $358.22 | +4.23% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
| JPMorgan Chase | $334.49 | -0.84% | vs prior close | Nov 6, 21:00 UTC | Finnhub |
Related coverage
Yahoo published an article titled "Wall Street May Have Lost $2.5 Trillion, but This 30% Warning Could Be an Even Bigger Problem for AI Stocks" whose summary says NVIDIA has locked in billions in chip and memory commitments. Yahoo also ran pieces headlined "NVIDIA Or Micron: Where Each Leads In The AI Buildout" and "TSMC Jumped 6% on a Report It Could Make Memory Chips for Nvidia," each addressing components of the AI hardware and buildout debate.
- OpenAI could become the 'WeWork of AI,' says NYU Professor Gary Marcus — CNBC, Nov 6, 17:55 UTC (also reported by Yahoo)
- Wall Street May Have Lost $2.5 Trillion, but This 30% Warning Could Be an Even Bigger Problem for AI Stocks — Yahoo, Nov 7, 15:34 UTC
- NVIDIA Or Micron: Where Each Leads In The AI Buildout — Yahoo, Nov 7, 09:19 UTC
- TSMC Jumped 6% on a Report It Could Make Memory Chips for Nvidia — Yahoo, Nov 7, 15:13 UTC
- Wall Street stocks rally after heavy AI-related selloff — economictimes.indiatimes.com, Nov 7, 04:04 UTC (also reported by business-standard.com)
What to watch
No scheduled events specifically tied to OpenAI or the AI trade appear on the upcoming calendar; the next listed corporate items are KSPI Q3 2026 earnings on Mon Nov 9 (before the open), CEG Q3 2026 earnings on Mon Nov 9 (before the open), and JBS Q3 2026 earnings on Mon Nov 9 (after the close), which are scheduled corporate earnings events rather than AI-sector announcements.
- Mon Nov 9 (before the open) — KSPI Q3 2026 earnings · EPS estimate 1571.76
- Mon Nov 9 (before the open) — CEG Q3 2026 earnings · EPS estimate 3.89
- Mon Nov 9 (before the open) — NRG Q3 2026 earnings · EPS estimate 3.36
- Mon Nov 9 (before the open) — FERG Q3 2026 earnings · EPS estimate 3.37
- Mon Nov 9 (after the close) — JBS Q3 2026 earnings · EPS estimate 0.29
- Mon Nov 9 (after the close) — SKYD Q3 2026 earnings · EPS estimate -0.05
Sources and data
- CNBC (secondary source) — OpenAI could become the 'WeWork of AI,' says NYU Professor Gary Marcus
- Yahoo (secondary source) — Wall Street May Have Lost $2.5 Trillion, but This 30% Warning Could Be an Even Bigger Problem for AI Stocks
- economictimes.indiatimes.com (secondary source) — Wall Street stocks rally after heavy AI-related selloff
- Finnhub (market data) — market data
Market data as of Nov 6, 21:00 UTC; report generated Nov 7, 17:41 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- CNBC (secondary, retrieved Nov 7, 2026, 05:42 PM UTC)
- Yahoo (secondary, retrieved Nov 7, 2026, 05:42 PM UTC)
- economictimes.indiatimes.com (secondary, retrieved Nov 7, 2026, 05:42 PM UTC)
- Finnhub (market-data, retrieved Nov 7, 2026, 05:42 PM UTC)
Market data as of Nov 6, 2026, 09:00 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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